China Soymeal Weekly: Strong CBOT soy strengthens China soymeal prices (week ended Jul 12, 2013)
Soy prices on CBOT had a four-day gain due to the tight supply and worries about the delay in planting of new crops, which was affected by weather conditions. The rebound in US soy market sent China soymeal prices up, though the uphill momentum was curbed by ample supply with rising soy imports.